PhotonPay has successfully closed a Series B funding round worth tens of millions of U.S. dollars, marking a major milestone in its mission to modernize global payments using stablecoin-native infrastructure. The round was led by IDG Capital, with participation from Hillhouse Investment, Enlight Capital, Lightspeed Faction, and Shoplazza, while Blacksheep Technology served as the exclusive financial advisor.
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The fresh capital will help PhotonPay accelerate the expansion of its next-generation stablecoin financial rails, strengthen its global compliance footprint, and invest in top talent. With operations across 11 global hubs and a team of more than 300 professionals, PhotonPay supports businesses worldwide—from e-commerce and B2B trade to fast-growing sectors like AI, SaaS, and digital entertainment.
Built on a rapidly scaling, stablecoin-native clearing system, PhotonPay now processes over $30 billion in annualized payment volume. Its platform helps tens of thousands of companies cut cross-border transfer costs by more than 75% while improving operational efficiency by 60%, enabling faster and more cost-effective global expansion.
Founder and CEO Lewison Chen described the shift underway in global payments as a generational transformation—from slow, fragmented banking networks to real-time, digital-asset-native financial systems. He emphasized that stablecoins are becoming the foundation of future payment infrastructure, enabling value to move globally with near-zero friction and latency.
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Looking ahead, PhotonPay plans to focus on four strategic priorities: strengthening global financial infrastructure through partnerships with major banks and payment networks, expanding its enterprise product ecosystem, upgrading its AI-driven risk and settlement architecture, and accelerating regulatory licensing and local market expansion particularly in the U.S. and key emerging markets.
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Investors echoed confidence in PhotonPay’s long-term vision, highlighting the company’s ability to simplify global compliance, liquidity, and settlement through AI and stablecoin-native technology—positioning it as a foundational player in the future of digital finance.
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